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Seoul: Shares end flat as institutional buying helps sentiment; won up

Mon, Jan 18, 2016 - 2:23 PM

South Korean shares reversed sharp early declines to close higher on Thursday while the country's currency pared losses against the dollar as the investor appetite for risk assets regained momentum.

PHOTO: BLOOMBERG

[SEOUL] South Korean shares erased early losses and closed flat on Monday, as institutional buying of beaten-down stocks supported defensive act towards a slump in oil prices and a big sell-off on Wall Street.